Meridian Mining S.E. announced the initiation of field work at its Cabaçal VMS Copper- Gold project ("Cabaçal" or the "Project"). The Company has now entered into the pre-drilling period with the commencement of aerial surveys to map the local terrain and to locate historical drill platforms, the renting of field facilities and the signing of multi-year land access agreements. The rapid advancement of the Cabaçal field program is being managed by Meridian's in-country management team and conducted under strict Covid-19 safety protocols. Pre-drilling field activities have commenced at Cabaçal; Multi-year land access agreements are being formalized, granting access for multiple diamond drill rigs to commence Cabaçal's resource confirmation and definition drill programs; Drone-based aerial surveys commenced to produce high-quality orthophotography and topographic data over the historical Cabaçal Mine and Mine Corridor targets; Initial visit scheduled to the Federal University of Mato Grosso, which holds a collection of historical diamond drill core from the Cabaçal Project; Site office, housing facilities are being established locally to host the expanded exploration/resource development teams; core yard options identified to process and store future drill core; and Digitizing of BP Mineral's and Rio Tinto's archived records progressing to increase Cabaçal's geological, mining and metallurgical database.